Torsten Kemps-Benedix

#ZigZag_MomentumCandle - indicator for MetaTrader 5 https://lnkd.in/emfq-87T # ZigZag based on the MomentumCandle indicator candles. Fig.1. ZigZag_MomentumCandle indicator ZigZag_MomentumCandle - indicator for MetaTrader 5 [ad_2]

#Zigzag R - indicator MetaTrader 4 https://lnkd.in/ecQqbkCm # This version of Zigzag is a simple optimization of the old version of Zigzag.mq4 , which hundreds of thousands of MetaTrader users have become accustomed to since the MT3 version (MQL2 language). Using the indicator without optimization made it difficult and time-consumin...

#Channels - indicator MetaTrader 4 https://lnkd.in/erTYdusp # The indicator automatically finds linear channels using all timeframes. During the first launch the indicator is most likely to notify of the absence of history data, because it needs 400 (default value) bars of each time period. In this case, switch to another time inter...

#Channels - indicator MetaTrader 4 https://lnkd.in/erTYdusp # The indicator automatically finds linear channels using all timeframes. During the first launch the indicator is most likely to notify of the absence of history data, because it needs 400 (default value) bars of each time period. In this case, switch to another time inter...

#Adaptive ATR Keltner channel - indicator MetaTrader 5 https://lnkd.in/evWvUKjm # Theory : This indicator is showing an example how an adaptive ATR (originally published here : Adaptive ATR) can be used within some other indicator. It is using the original way how Ketner channel is calculated (the middle line is a SMA - Simple Moving Average) and the c...

#EES Hedger - EA MetaTrader 5 https://lnkd.in/eNtuAcH5 # Idea by: eesfx. MQL5 code by: Vladimir Karputov. You need trading in the opposite trend? When trading manually or using another EA, utility EES Hedger can instantly open opposite positions in a manner specified in its parameters. Moments of opening manually or by ...

#DRAW_ZIGZAG - indicator MetaTrader 5 https://lnkd.in/eQWcpFTu # The indicator plots the Zigzag ("saw") using the High and Low prices. The DRAW_ZIGZAG drawing style allow to draw sections using the values of two indicator buffers. It looks like DRAW_SECTION, but it allows to draw vertical sections inside one bar. The color, width and s...

#Optimal F for MQL5 (per Ralph Vince) - library MetaTrader 5 https://lnkd.in/ev-cN2wN # I couldn't find MQL5 code for the Kelly Criterion, so I decided to write it myself; but it turned out that the Kelly Criterion only works for Bernoulli Distributions. This means it works only for fixed profits and losses, i.e. fixed SL and TP, but I rarely do.So, based upon the w...

#i-AnyRange2 - indicator for MetaTrader 5 https://lnkd.in/ePCMKP2v # The indicator of two unspecified time intervals. This is an intraday indicator showing the trading range within a trading day. Four time points are taken from the external parameters, the high and low points between each of the pairs are specified. These extreme points ...

#i-AnyRange2 - indicator for MetaTrader 5 https://lnkd.in/ePCMKP2v # The indicator of two unspecified time intervals. This is an intraday indicator showing the trading range within a trading day. Four time points are taken from the external parameters, the high and low points between each of the pairs are specified. These extreme points ...

#The example of the work with the CSV file as with a table - script MetaTrader 5 https://lnkd.in/eSbQxz3T # The script demonstrates the work with the table in which the only detail is necessity to know the number of columns. news.txt should be converted to csv file with delimiter";", or any other file but in the same code. filehandle=FileOpen("News.csv",FILE...

#The example of the work with the CSV file as with a table - script MetaTrader 5 https://lnkd.in/eSbQxz3T # The script demonstrates the work with the table in which the only detail is necessity to know the number of columns. news.txt should be converted to csv file with delimiter";", or any other file but in the same code. filehandle=FileOpen("News.csv",FILE...

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#Tick Speed Indicator - script MetaTrader 5 https://lnkd.in/eD6KEh_F # How fast does the price moves? With this very simple piece of code you may learn how many seconds it takes to complete 100 ticks. The less seconds it takes, the faster the price moves. it uses the time subtraction to determine the time it takes to compl...

#LRMA - indicator MetaTrader 5 https://lnkd.in/ebPp2XBu # Indicator Linear Regression Moving Average represents the linear-regression moving average. It has one input parameter: Period - calculation period Calculations: LRMA = 3.0 * LWMA - 2.0 * SMA ...